Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,193,464,578 | 2,122,063,387 | 71,401,191 | 5.3 | 44% |
| 2012 | 2,337,414,473 | 2,237,205,053 | 100,209,420 | 5.1 | 43% |
| 2013 | 2,418,501,934 | 2,340,141,019 | 78,360,915 | 6.7 | 43% |
| 2014 | 2,489,794,850 | 2,467,142,823 | 22,652,027 | 5.8 | 42% |
| 2015 | 2,551,240,199 | 2,479,801,073 | 71,439,126 | 6.2 | 45% |
| 2016 | 2,705,865,475 | 2,573,844,561 | 132,020,914 | 6.8 | 47% |
| 2017 | 2,915,443,322 | 2,839,721,446 | 75,721,876 | 8.3 | 46% |
| 2018 | 2,959,634,869 | 2,736,654,471 | 222,980,398 | 9.5 | 48% |
| 2019 | 2,865,497,664 | 2,672,825,352 | 192,672,312 | 8.5 | 50% |
| 2020 | 2,803,747,807 | 2,606,111,449 | 197,636,358 | 10.8 | 50% |
| 2021 | 2,928,506,457 | 2,817,175,473 | 111,330,984 | 10.2 | 48% |
In its most recent public year (2021), this organization brought in $111,330,984 more than it spent. Its reserves stood at about 10.2 months of spending, up from 5.3 in 2011. Staff pay was 48% of spending. $8,150,714 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2021. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Corewell Health's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works